771 Camino Real, Santa Teresa, NM 88008
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771 Camino Real, Santa Teresa, NM 88008
771 Camino Real, Santa Teresa, NM 88008
771 Camino Real, Santa Teresa, NM 88008
771 Camino Real, Santa Teresa, NM 88008
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AXEN Realty

AXEN Realty

AXEN Realty

+1(678) 327-4255
$ 3,400,000
Est. payment /mo
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Active

771 Camino Real Santa Teresa, NM 88008

3 Beds

3 Baths

6,035 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 6,035 sqft

Price per Sqft $563

Subdivision Los Ranchos Del Rio

MLS Listing ID 2601731

Style See Public Info

Bedrooms 3

Full Baths 2

Half Baths 1

Year Built 1970

Lot Size 2.020 Acres

Acres 2.02

Lot Dimensions 2.01 to 5 AC

Property Sub-Type Single Family Residence

Source lascruces

Property Description

This exclusive desert oasis offers an unique opportunity to create a curated private compound within one of the region's most prestigious communities. Nestled just a short stroll from the elite El Paso Country Club, this property sits among multi-million-dollar estates and is a comfortable walk to a billionaire's private compound, providing unmatched potential for a lifestyle of distinction. Prospective developers will benefit from the site's favorable T3 zoning and possible inclusion in an Opportunity Zone, while New Mexico's permissive environment towards the marijuana industry provides significant flexibility for future land use. As an occupied residence, the property requires strict respect for the owner's privacy, meaning no home showings are available. This rare parcel, which conveys select water rights, represents an exceptional canvas for luxury development.

Location

State NM

County Dona Ana

Rooms

Basement None

Interior

Heating Propane

Fireplace Y

Exterior

Fence Chain Link

Utilities Available Propane

Roof Type Flat

Building

Foundation Slab

Sewer Septic Tank

Water Well

Level or Stories One

Structure Type Wood Siding


Listed by New Mexico Skye Realty

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771 Camino Real